Value creation is essential for firms to survive, but different fields view it differently. This study looked at how value and value creation are understood in economics, finance, accounting, strategy, management, HR, marketing, and international business. They found that value can be seen as either intrinsic or socially constructed, and it can benefit either the firm or the market. An intermediate category was also identified where value is relative, and both the firm and the market benefit from value creation at the point of exchange.